Oct 23, 2018
In this listener question episode you’ll hear if it’s better to get a home equity loan or refinancing a property. With the current marketplace of low rates and high speculation this is for sure a dicey topic.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.
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Show Notes
- Get a home equity loan or refinancing the property? - 1:38
- Kim explains the details of a home equity loan - 1:55
- Are you solving a long-term problem with a short-term solution? - 3:43
- Understanding mortgages - 4:48
- Borrowed money requires payments - 5:32
- What “liquidity” means in this case - 6:55
- Kim tells us the importance of thinking carefully- 11:50
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